• Report: #1095924

Complaint Review: Payday Mobility

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  • Submitted: Thu, October 31, 2013
  • Updated: Thu, October 31, 2013

  • Reported By: Yvonne — Orlando Florida
Payday Mobility
427 N Tatnall St # 91008 Wilmington, Delaware USA

Payday Mobility I took out a loan with this company for $250 now they wanna charge me $400 to pay back and take out of my account $150 until the loan is paid and the $150 does not apply to pricipal which is a scam.. Wilmington Delaware

*Author of original report: Payday Mobilty

*Consumer Comment: Just Wondering...

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This company Pay Mobility is a rip off a scam i took a loan for $250 now they want me to pay $400 for it and they will take out $150 out of my account until i pay off loan which will keep going up. this is a total scam bascially a person will pay like $1000 for a loan of $250 this is a scam.

 

Yvonne 

Orlando,Florida


This report was posted on Ripoff Report on 10/31/2013 05:42 AM and is a permanent record located here: http://www.ripoffreport.com/r/-Payday-Mobility/Wilmington-Delaware-19801-2230/Payday-Mobility-I-took-out-a-loan-with-this-company-for-250-now-they-wanna-charge-me-4-1095924. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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REBUTTALS & REPLIES:
1Author 1Consumer 0Employee/Owner
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#1 Author of original report

Payday Mobilty

AUTHOR: Yvonne - ()

@Jim

The answer to your question is yes i did but they told me there was only going to be a one time charge of $150.00 and now come to find out that it's $150.00 per month and it does not apply to principle only extends your loan.

In order for the loan to go down you must pay the $150.00 plus an extra amount in which the extra amount is the only one they apply to your balance not the $150 Which is a big rip-off so basically now for a loan of $250 it's going to cost Me like damm near $600 or more i have taken the overdraft protection on My bank

so if the funds are not there it wont be paid i can't afford them to Keep trying to get extra money for me when i can i will pay this thing off And never again will i use them never seen a payday company like. This one does anyone know is there anything i can do????

 

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#2 Consumer Comment

Just Wondering...

AUTHOR: Jim - ()

Did you READ the terms and conditions of this loan B E F O R E you agreed to them??? 

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